Fixed Deposit (FD) Calculator
Calculate the maturity amount and interest earned on your fixed deposit investments
Select Bank Interest Rate
Investment Details
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The amount you want to invest in the fixed deposit
₹ 1,000₹ 50,00,000
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Annual interest rate offered by the bank
3%12%
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Investment period in years
years
0
1
3
5
10
0 years10 years
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Additional months for investment period
months
0
3
6
9
11
Value is above the slider range (0 - 11)
0 months11 months
Investment Period0 years, 12 months
Fixed Deposit Results
₹1,00,000 at 6.5% for 0 years, 12 months
Maturity Amount
₹0
For an investment of ₹1,00,000
Principal Amount
₹1,00,000
Total Interest
₹0
0% of principal
Effective Annual Yield
0%
Quarterly compounding
Investment Period
0 years, 12 months
12 months total
Maturity Breakdown₹0
Principal: Infinity%Interest: NaN%
Interest Growth Comparison
Simple Interest
₹6,500
Your Interest
₹0
With Quarterly compounding
Daily Compounding
₹6,715
Higher compounding frequency leads to better returns. Banks typically offer quarterly compounding for fixed deposits.
Fixed Deposit Investment Tips
Fixed deposits are a safe investment option with guaranteed returns. Here are some tips to maximize your FD investments:
Ladder Your FDs
Create multiple FDs with different maturity dates to optimize returns and maintain liquidity
Senior Citizen Benefits
Senior citizens often get 0.25% to 0.5% higher interest rates on fixed deposits
Tax Planning
Consider tax-saving FDs with a 5-year lock-in that qualify for tax deduction under Section 80C